zSpace, Inc. (NASDAQ: ZSPC), a global leader in immersive augmented reality (AR) learning solutions for education, today announced the successful completion of a comprehensive strategic restructuring designed to optimize its cost structure, enhance operational efficiency, and position the company for sustained long-term success. This initiative reflects zSpace’s commitment to adapting to evolving market dynamics while maintaining its focus on delivering innovative augmented and virtual reality (AR/VR) experiences that drive achievement in STEM, CTE, and career readiness programs.
The restructuring included material headcount reductions and targeted operational alignments, primarily within its U.S. business, given the macro headwinds impacting performance this year. These actions are expected to reduce the company’s run-rate operating expenses by over 30%, strengthening its financial profile and creating a more resilient foundation to capitalize on growth opportunities in edtech and immersive learning, both domestically and internationally.
“As we emerge from this restructuring, zSpace is more focused and better equipped to drive value for our customers, partners, and shareholders,” said Paul Kellenberger, CEO of zSpace. “By aligning our resources with our core strengths and market conditions, we’ve not only enhanced our financial stability but also positioned ourselves for future growth. We’re optimistic about the future, with a focus on profitability and continued leadership in transforming how people learn and train through AR/VR experiences.”
zSpace remains dedicated to its mission of making immersive learning accessible and effective. The company’s flagship platforms continue to gain traction in K-12 education and CTE/Vocational training, with recent partnerships and deployments underscoring demand for its solutions. Looking ahead, zSpace is well-positioned to leverage these advancements, expand its global footprint, and deliver enhanced value to stakeholders.
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